Replies to post #605975 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

Crazy Carlos must have written that horseshit on the spinning teacup ride prior to Disneyland being closed for virus risk.

The entire Secret Squirrel Plan is lame, senseless drivel with ZERO likelihood of occurring. Some elements are possible (like the $110 B overpayment) but the whole enchilada, as written? Pure fantasy.

[camaro4me]

EO is the fastest cleanest way to remedy this mess.

The brief of Amicus Curiae lays out a blueprint for the resolution:
• The excess of the SPS amount ($110 billion) must be reimbursed to the enterprises and the Treasury must set a low-rate yield on the SPS, payable once FnF are Adequately Capitalized. A rate that must be lowered due to the existence of the warrant, because that's what the collaterals do on any debenture.
• SPS cancelled (redeemed in 2013/2014)
• Warrant cancelled.
• Moral damages to the Equity holders, under a rule that considers the average gap to the fair value of each class of stock, had The Secret Plan and the Risk-Based Capital been made public.

All the lawsuits are fraudulent as they seek an agreement between corrupt plaintiffs and the Treasury to share the booty.
The resolution will be announced unilaterally by the Trump Administration.